2023 N Robberson AvenueSpringfieldMO65803
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Springfield at 2023 N Robberson Avenue, Springfield, MO, 65803 uses $33,150 cash to close to unlock $2,024/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $791/mo, and a $489/mo payment keeps the spread at $169/mo. Purchase price stands at $100,000, and rental yield measures 9.49% with $791/mo rent. Return on cash invested shows 26.01% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 135.69% and total cumulative return in cash records $44,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $791/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1907
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 65803, Springfield, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,398 (100%) |
| Owner Occupied HU | 10,153 (49.8%) |
| Renter Occupied HU | 8,289 (40.6%) |
| Vacant Housing Units | 1,956 ( 9.6%) |
| Median Home Value | $214,919 |
| Average Home Value | $245,680 |
Housing Distribution
Address Breakdown
Residential
19,033
Single Family
17,982
Multi-Family
1,051
Businesses
1,316
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Listed by: Matthew Aubuchon • 2 Leo's Real Estate LLC
Mls Name: SOMOMLS
Mls ID: #60310239